VF Franchise Consulting

Skechers Thailand opens Bangkok flagship

Oct 30, 2018

Screen Shot 2018-10-30 at 17.14.01

Bangkok’s CentralWorld shopping centre is home to the newly opened Skechers Thailand flagship store.

The North American footwear company says Thailand represents its fastest-growing market in the region which is why the store, at 275sqm, is its largest yet in Southeast Asia. In the first nine months of the year, sales grew by more than 50 per cent.

The new store features the Skechers apparel range for the first time in the market, with management hoping that will grow to account for up to 30 per cent of Thailand sales volume.

Kaimuk Nilsatetee, assistant VP of CRC Sports, the licensee for Skechers Thailand, told the Bangkok Post the company sold about 400,000 pairs of Skechers across the country last year and is targeting double that number this year.

“Skechers shoes generate the most sales revenue for CRC Sports,” Kaimuk said. “Its performance has gone well since expanding its business to Thailand in the past several years.”

CRC Sports sells Skechers in 32 concept stores, two outlet stores, 25 concessions and through 95 resellers. Another 12 stores are planned for next year.

Inside Retail Asia

[ Go back ]

Franchise Opportunities